$2,690,000
For Sale

11 Hill Circle

Salinas, CA 93905
7.67 acres | #ML81973399
Listing OfficeBaird Partnership, Inc.
Browse 35 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

11 Hill Circle is an opportunity to purchase a nearly entitled ±7.74-acre vacant land site for the development of 37 single family homes located along the frontage of 11 E. Laurel Dr. near Natividad Hospital in Salinas. This is a rare in-fill project within the City Limits. The seller is near completion of receiving fully entitled approvals from the City of Salinas to construct a subdivision consisting of 37 individual parcels with modular homes and the formation of an HOA to maintain the subdivision. Upon completion of the project the lots with homes will be sold off individually. This plan can be amended or changed if so desired. The property is in an ideal location in Salinas offering strong exposure and access to multiple retail trade areas, local schools, the recently upgraded Salinas Regional Soccer Complex, and Natividad Hospital & Medical Center.

  • Property Details
      • Lot DescriptionRollingSlope
      • Original List Price$2,690,000
      • MLS #ML81973399
      • MLS #ML81973399
      • Property TypePurchase
      • CountyMonterey
      • Cost2690000
      • Utility SourcePublic
      • School DistrictOther
      • Acres7.67
      • Property SubtypeLand

Location

Gary HansenReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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